Countries that grew the fastest over the last 100 or so years had growth rates of real income per person of about
A)0.5 percent per year.
B)1.5 percent per year.
C)2.0 percent per year.
D)2.5 percent per year.

Question

Quizplus · Accepted Answer

The fastest growing countries over the last 100 years had growth rates of real income per person of about 2.5 percent per year, according to historical data and economic research. This includes countries like Japan, South Korea, and Singapore, which experienced rapid economic growth and industrialization after World War II, along with other countries in Asia and Europe that have undergone significant development and modernization in the 20th century.

Countries That Grew the Fastest Over the Last 100 or So